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Tractor Talk Discussion Forum

Re: OT/ What makes a place like this so much cheaper

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Pitch

02-26-2008 02:21:19




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My guess would be a combination of things. First and foremost in upstate NY is taxes and then cost of utilities. Fulton is a low lying area so some of that "cropland" may be real wet. The house probably needs a total refurb to make it livable. It is always possible that there are easements on the property thay restricts it"s usage. That is a very low price even for this area though and would merit some close checking.

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Tim B from MA

02-26-2008 08:32:06




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 Re: OT/ What makes a place like this so much cheaper in reply to Pitch, 02-26-2008 02:21:19  
In line with what Traditional Farmer noted, the biggest impact on the prices in any particular area will be how far it is to commute to an area with lots of jobs, and how far it is to the Super Market, Walmat, Home Chepo etc.

For particular lots, that depends on whether there is enough dry land to build on, whether you can get water from the land or to the land, and whether you can properly dispose of you septage.

Without looking, my guess is that property is 45 minutes or more from the nearest Stop&Shop.

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jokers

02-27-2008 08:11:51




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 Re: OT/ What makes a place like this so much cheaper in reply to Tim B from MA, 02-26-2008 08:32:06  
There are three convenience marts/gas stations within three miles of that place. Two supermarkets, P&C and Price Chopper within five miles and a new Super Walmart is opening in the spring within 5 or so miles. Home Depot(and a couple of malls) and Lowes are about 15 miles away in opposite directions and Northern Concrete is only a couple miles away. They are the largest concrete and block supplier in the area and the also sell building materials and hardware at prices competitive with the box stores.

It`s crackin' me up that so many people who live 20 miles down a two lane from the minimart are thinking this is rural property. So be it, have a nice day!

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